On 2016-08-11, Monro Muffler Brake, Inc. (NASDAQ:MNRO) confirmed the dividend disbursement of $0.17 a share to shareholders as on record 2016-08-22. The firm will release dividend on 2016-09-01 while ex-dividend date is reported to be 2016-08-18.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Monro Muffler Brake, Inc. (NASDAQ:MNRO) paid a total of $0.17 per share in dividends. This figure stood at $0.17 a share in the same period a year ago indicating a deviation of 15.3846%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $69.75 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $80 and $55, respectively.
Taking the mathematical rating formula, the price for Monro Muffler Brake, Inc. (NASDAQ:MNRO) stands at 2.67. Earnings Review Monro Muffler Brake, Inc. (NASDAQ:MNRO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.56.
Coming to the quarter ending on 2016-03-31, Monro Muffler Brake, Inc. (NASDAQ:MNRO) recorded EPS of $0.5. The reported numbers came lower than the analysts’ estimates of $0.49, demonstrating a miss of $0.01 as against reported figures.
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